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Force Motors gains 4% post March sales
Force Motors gained 4% to Rs 4,775 on BSE in otherwise weak market after company announced that it has sold 4,129 units in the domestic market during the month of March 2017, against 2,491 units in February.

The commercial vehicle manufacturer had sold 4,509 units during the month of March 2016.

Out of the total 4,129 units sold in March, 2,575 units belong to Small Commercial Vehicles (SCVs) and Light Commercial Vehicles (LCVs), and another 1,554 units to Utility Vehicles (UVs), Sports Utility Vehicles (SUVs) and tractors.

Thus far in the calendar year 2017, the stock rallied 28% as compared to 12.5% rise in the S&P BSE Sensex.

At 10:42 am; it was up 2.2% at Rs 4,700 against 0.45% decline in the benchmark index. The trading volumes on the counter more than doubled with a 108,000 shares changed hands on the BSE so far. The stock hit a record high of Rs 4,839 on October 27, 2016 in intra-day trade.
BHEL, Sobha, Adani Power among 34 stocks hitting 52-week highs
Bharat Heavy Electricals Limited (BHEL), BEML, Thyrocare Technologies, Sobha, Bharat Forge are among 34 stocks from the BSE500 index hitting their respective 52-week highs on the BSE on Thursday.

Reliance Industries (RIL), Larsen & Toubro (L&T), Century Textiles, Adani Power, Adani Transmission, Adani Enterprises and YES Bank too touched 52-week highs in intra-day trade today.

The S&P BSE Sensex was down 0.3% at 29,862.

RIL hit a fresh 9-year high of Rs 1,435, up 1.4%, gaining for the sixth straight trading days. Since March 28, the stock rallied 15% as compared to 1.5% rise in the S&P BSE Sensex.

Reliance Jio Infocomm (Jio), a subsidiary of RIL, on March 31 said it had notched an unprecedented 72 million paid subscribers, and extended by a fortnight its deadline for migrating other subscribers to its paid offer.
Meanwhile, RIL, with the market capitalization (m-cap) of Rs 464,542 crore at 01:34 pm, was less than 2% away to grab the number one position in overall m-cap ranking. TCS m-cap stood at Rs 472,745 crore, the BSE data shows.

Sobha was up 4% to Rs 417, extending its Wednesday’s 17% surge after the real estate developer said the operational cash flow of the company remained healthy and positive during the fourth quarter of 2016-17 (Q4).

“Average price realisation is higher due to increased demand from higher valued products during the fourth quarter. It is encouraging to observe that the company has witnessed revival in demand in the Delhi-NCR market," Sobha said in a Q4FY17 real estate operational update.

BHEL was up nearly 2% at Rs 174, after gaining 5% in past two trading days on BSE.

State-owned power equipment maker BHEL on Wednesday said it has added 45,254 MW capacity during the 12th Five Year Plan period (2012-17) beating the targets set for the company.

"Renewing thrust on accelerated project execution, BHEL has achieved a capacity addition of 45,274 MW of utility sets during the 12th five year plan, surpassing the Government's capacity addition target by 9%," BHEL said in a statement.